After leading the coup, Aécio wants to control Vale.

One of the main leaders of the impeachment of Dilma Rousseff, Senator Aécio Neves (PSDB-MG) is now attempting a second coup, this time for the presidency of Vale; the national president of the PSDB has been working behind the scenes to appoint Murilo Ferreira's successor at the helm of Vale. He is pressuring the Presidential Palace for the position, which will become vacant in three months, when the executive's term ends; the offensive by the PSDB member is causing great unease among the mining company's private shareholders, who are now admitting what was unthinkable a few months ago: Ferreira's remaining in office for another two years.

February 13, 2017, 10:07 PMUpdated June 28, 2018, 09:18 pm

One of the main leaders of the impeachment of Dilma Rousseff, Senator Aécio Neves (PSDB-MG) is now attempting a second coup, this time for the presidency of Vale; the national president of the PSDB has been working behind the scenes to appoint Murilo Ferreira's successor at the helm of Vale. He is pressuring the Presidential Palace for the position, which will become vacant in three months, when the executive's term ends; the offensive by the PSDB member is causing great unease among the mining company's private shareholders, who are now admitting what was unthinkable a few months ago: Ferreira remaining in office for another two years (Photo: Giuliana Miranda).

247 - One of the main leaders of the impeachment of Dilma Rousseff, Senator Aécio Neves (PSDB-MG) is now attempting a second coup, this time for the presidency of Vale. The national president of the PSDB has been working behind the scenes to appoint Murilo Ferreira's successor at the helm of Vale. He is pressuring the Presidential Palace for the position, which will become vacant in three months, when the executive's term ends. The offensive by the PSDB member is causing great unease among the mining company's private shareholders, who are now admitting what was unthinkable a few months ago: Ferreira remaining in office for another two years.

The information is from Valor report.

"Vale had already become an object of desire for the PMDB party in Minas Gerais. The state's vice-governor, Antônio Andrade, is part of the group that went to the Planalto Palace at the beginning of Michel Temer's government with the request to place an ally in the company's presidency."

However, according to government and private sector sources with connections to Vale, the pressure on Aécio has increased in recent weeks. The PSDB senator was jokingly warned by Temer's aides that the covetousness for positions in the Esplanade of Ministries and in companies with federal government shareholdings was turning the PSDB into the "party of cronyism."

The expression was coined by former Rio governor Anthony Garotinho, in reference to the PT's hunger for party nominations.

Sources close to Aécio Neves privately claim that, although he is fighting to influence Ferreira's succession, he rules out the possibility of installing a politician and would instead rely on market figures for Vale. However, executives previously seen as potential successors, such as José Carlos Martins and Tito Martins, have recently seen their stock prices plummet. Both were directors of the mining company. José Carlos currently serves as an advisor to NovaAgri; Tito currently heads Votorantim Metais.